Setting the right rent can make or break your real estate investing journey! 🏡 In this episode, we’re breaking down how to avoid costly tenant mistakes while building your rental property portfolio. From finding the perfect rent price to thorough tenant screening, and automating rent collection, we’ve got you covered. 💸 Whether you’re just getting started or scaling your long-distance real estate investments, these tips will save you time, money, and headaches.Learn how to treat your rental property like a business, use tools like Rentometer, Bigger Pockets Rent Calculator, and Rent Redi. Set up systems to make your investing process smooth and efficient. Plus, we’re sharing real-life lessons, mistakes to avoid, and insider strategies for creating financial freedom through smart real estate decisions.Follow along for tips, lessons, and inspiration to start your real estate journey today! Don’t forget to like, subscribe, and drop a comment—we’d love to hear your thoughts and experiences in a new segment we are bringing y'all called "Ask The BRRRRothas"!🚀 Let’s build that portfolio and make your rental properties work for you! 🔑#biggerpockets #tenantbackgroundcheck #workflowautomation #onlinerentcollection #rentmanagement #realestateinvesting #rentalproperty #rentstrategies #howtoscreentenants #financialfreedom #financialeducation #investing #brrrrstrategy #brrrrinvesting CHAPTERS:00:00 - Intro01:10 - Importance of Rent Step05:50 - Setting the Right Rent10:50 - Using BiggerPockets, Rentometer15:41 - Tenant Screening Process18:12 - Key Factors in Tenant Screening22:35 - Top Tenant Screening Services25:35 - Automating Your Rental Business28:18 - Rent Collection Automation34:24 - Attracting Renters to Your Property38:10 - Common Tenant Placement Mistakes42:41 - Standard Tenant Process Overview44:14 - Recap of Key Points45:43 - Conclusion and Wrap Up49:28 - Follow Us. Ask The Brrrrothas.
